| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 3/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
TBI Stock Overview
TrueBlue, Inc., together with its subsidiaries, provides specialized workforce solutions in the United States, Canada, and Puerto Rico.
Rewards
Risk Analysis
No risks detected for TBI from our risk checks.
TrueBlue Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$26.84 |
| 52 Week High | US$32.91 |
| 52 Week Low | US$18.54 |
| Beta | 1.55 |
| 1 Month Change | -2.93% |
| 3 Month Change | -16.31% |
| 1 Year Change | 33.07% |
| 3 Year Change | 12.02% |
| 5 Year Change | 9.11% |
| Change since IPO | 113,129.84% |
Recent News & Updates
TrueBlue (NYSE:TBI) Is Finding It Tricky To Allocate Its Capital
When researching a stock for investment, what can tell us that the company is in decline? A business that's potentially...
Is There An Opportunity With TrueBlue, Inc.'s (NYSE:TBI) 29% Undervaluation?
How far off is TrueBlue, Inc. ( NYSE:TBI ) from its intrinsic value? Using the most recent financial data, we'll take a...
Shareholder Returns
| TBI | US Professional Services | US Market | |
|---|---|---|---|
| 7D | -8.4% | -4.7% | -6.1% |
| 1Y | 33.1% | 1.0% | 4.2% |
Return vs Industry: TBI exceeded the US Professional Services industry which returned 1% over the past year.
Return vs Market: TBI exceeded the US Market which returned 4.2% over the past year.
Price Volatility
| TBI volatility | |
|---|---|
| TBI Average Weekly Movement | 5.7% |
| Professional Services Industry Average Movement | 6.2% |
| Market Average Movement | 6.7% |
| 10% most volatile stocks in US Market | 15.5% |
| 10% least volatile stocks in US Market | 2.4% |
Stable Share Price: TBI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: TBI's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1985 | 5,200 | A. Beharelle | https://www.trueblue.com |
TrueBlue, Inc., together with its subsidiaries, provides specialized workforce solutions in the United States, Canada, and Puerto Rico. It operates through three segments: PeopleReady, PeopleManagement, and PeopleScout. The PeopleReady segment offers a range of contingent staffing solutions for blue-collar, on-demand, and skilled labor in construction, manufacturing and logistics, warehousing and distribution, waste and recycling, energy, retail, hospitality, general labor, and other industries.
TrueBlue Fundamentals Summary
| TBI fundamental statistics | |
|---|---|
| Market Cap | US$952.30m |
| Earnings (TTM) | US$49.45m |
| Revenue (TTM) | US$2.07b |
19.3x
P/E Ratio0.5x
P/S RatioIs TBI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TBI income statement (TTM) | |
|---|---|
| Revenue | US$2.07b |
| Cost of Revenue | US$1.56b |
| Gross Profit | US$514.34m |
| Expenses | US$464.89m |
| Earnings | US$49.45m |
Last Reported Earnings
Sep 26, 2021
Next Earnings Date
Feb 02, 2022
| Earnings per share (EPS) | 1.39 |
| Gross Margin | 24.84% |
| Net Profit Margin | 2.39% |
| Debt/Equity Ratio | 0% |
How did TBI perform over the long term?
See historical performance and comparisonValuation
Is TrueBlue undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TBI ($26.84) is trading below our estimate of fair value ($106.71)
Significantly Below Fair Value: TBI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TBI is good value based on its PE Ratio (19.3x) compared to the US Professional Services industry average (23.1x).
PE vs Market: TBI is poor value based on its PE Ratio (19.3x) compared to the US market (16.5x).
Price to Earnings Growth Ratio
PEG Ratio: TBI is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: TBI is good value based on its PB Ratio (2x) compared to the US Professional Services industry average (2.6x).
Future Growth
How is TrueBlue forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
27.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TBI's forecast earnings growth (27.1% per year) is above the savings rate (2%).
Earnings vs Market: TBI's earnings (27.1% per year) are forecast to grow faster than the US market (12.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TBI's revenue (7.4% per year) is forecast to grow slower than the US market (9.1% per year).
High Growth Revenue: TBI's revenue (7.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TBI's Return on Equity is forecast to be low in 3 years time (15%).
Past Performance
How has TrueBlue performed over the past 5 years?
-22.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TBI has high quality earnings.
Growing Profit Margin: TBI became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: TBI has become profitable over the past 5 years, growing earnings by -22.9% per year.
Accelerating Growth: TBI has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: TBI has become profitable in the last year, making it difficult to compare its past year earnings growth to the Professional Services industry (33.6%).
Return on Equity
High ROE: TBI's Return on Equity (10.2%) is considered low.
Financial Health
How is TrueBlue's financial position?
Financial Position Analysis
Short Term Liabilities: TBI's short term assets ($417.5M) exceed its short term liabilities ($238.8M).
Long Term Liabilities: TBI's short term assets ($417.5M) exceed its long term liabilities ($285.3M).
Debt to Equity History and Analysis
Debt Level: TBI is debt free.
Reducing Debt: TBI has no debt compared to 5 years ago when its debt to equity ratio was 27.1%.
Debt Coverage: TBI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TBI has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is TrueBlue current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TBI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TBI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TBI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TBI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TBI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.4yrs
Average management tenure
CEO
A. Beharelle (51 yo)
3.33yrs
Tenure
US$3,420,004
Compensation
Mr. A. Patrick Beharelle serves as the President at eDebt, Inc. Mr. Beharelle has been the Chief Executive Officer, President and Director of TrueBlue Inc. since September 1, 2018 and was its Chief Operati...
CEO Compensation Analysis
Compensation vs Market: A.'s total compensation ($USD3.42M) is above average for companies of similar size in the US market ($USD2.39M).
Compensation vs Earnings: A.'s compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: TBI's management team is considered experienced (2.4 years average tenure).
Board Members
Experienced Board: TBI's board of directors are considered experienced (5.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
TrueBlue, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: TrueBlue, Inc.
- Ticker: TBI
- Exchange: NYSE
- Founded: 1985
- Industry: Human Resource and Employment Services
- Sector: Commercial Services
- Implied Market Cap: US$952.300m
- Shares outstanding: 35.48m
- Website: https://www.trueblue.com
Number of Employees
Location
- TrueBlue, Inc.
- 1015 A Street
- Tacoma
- Washington
- 98402
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/22 23:33 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/09/26 |
| Annual Earnings | 2020/12/27 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.